The Wrap-Up for Wednesday, December 17

Frank Holland (Anchor) 00:00.070

alright welcome back to worldwide exchange as we close on the six AM hour a check on a few big stories that we're following this morning sources tell

Frank Holland (Anchor) 00:06.350

CNBC open AI is and talks to raise at least ten billion dollars from amazon and use its chips open AI has so far declined to comment

Frank Holland (Anchor) 00:14.430

a deal could value open AI at more than five hundred billion dollars and see it adopt amazons trainium chip a story that we're going to continue to follow throughout the morning all

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right way mosen talks to raise fifteen billion dollars in funding in the new year sources tell CNBC the alphabet owns self driving car company plans to raise money from its parent company as well as outside investors at a valuation of up to one hundred and ten billion dollars

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multiple

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reports warner brothers discovery plans to tell its shareholders to reject paramount 's hostile takeover offer as soon as today and they recommend that shareholders support the company 's existing deal with netflix

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affinity partners the private equity firm owned by jared kushner also confirming it's no longer backing paramount 's offer

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reuters is reporting president trump is planning an executive order to limit stock buybacks and dividends for defense contractors whose projects are delayed and over a

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white house official says until anything is officially announced discussions about executive orders are quote purely speculation bloomberg

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is reporting spirit airlines has revived talks with frontier airlines about a possible merger the report says

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a deal could be announced as soon as this month and comes just days after the exit of frontiers longtime CEO

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and robin hood unveiling a new lineup of prediction market features allowing users to place prop and parlay bets on NFL games and on players the move puts the

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trading platform in direct competition with traditional sports and

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midline pricing its IPO at twenty nine dollars a share raising six point three billion dollars that

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makes it the biggest offering of this year and gives the distributor of medical supplies a valuation north of fifty billion dollars medline

Frank Holland (Anchor) 01:42.570

will start trading on the nasdaq today before it goes public medline CEO is going to be on squawk box this morning at eight thirty AM eastern